Forex Trend Analysis Report
Prepared for you on Monday, June 26, 2017.
Jordanian Dinar/Norwegian Krone (FOREX:JODNOK)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for JODNOK
The long term trend has been UP since Apr 21st, 2017 at 12.24685
The intermediate term trend has been UP since Jun 20th, 2017 at 11.95165
The short term trend has been DOWN since Jun 23rd, 2017 at 11.94730
Smart Scan Analysis for JODNOK
Based on a pre-defined weighted trend formula for chart analysis, JODNOK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).